Buying a Condo for Investment Purposes Buying a condo to invest means purchasing a condominium unit with the goal of generating financial returns on the investment. This typically involves renting out the unit to tenants, with the rental income offsetting the costs of ownership, such as mortgage payments, property taxes and maintenance fees. Investing in a condo can be a way to diversify an...
What Is Home Protection Scheme? The Home Protection Scheme (HPS) in Singapore is a mortgage reducing term assurance (MRTA) policy that protects you and your loved ones from losing your HDB flat in the case of death, terminal illness, or total permanent disability. Home Protection Scheme works like insurance, and members are covered until they reach the age of 65, or until their mortgages are paid off,...
What is a Bridging Loan? Bridging loans are a type of short-term financing that can be used to bridge the gap between the purchase of a new property and the sale of an existing one in Singapore. They are becoming increasingly popular due to the high cost of property and the limited financing options available in the Singaporean property market. Bridging Loans are a good short-term solution to...
Singapore is known as one of the world's most expensive cities and its property market is no exception. In recent years after the covid period, Singapore’s property market shot up to exorbitant prices, both HDB and condos. However, while the cost of living in Singapore is now more expensive than ever, there are still options for those looking for affordable housing. Condos are a popular housing option...
When it comes to purchasing a condo in Singapore, one of the most important decisions to make is whether to opt for a freehold or a leasehold property. Both forms of property ownership come with their own unique pros and cons, and the right choice will depend on several factors that the buyer has to consider. These factors include ownership duration, affordability and investment...
When it comes to buying a condo in Singapore, one of the most important factors to consider is the downpayment. A downpayment refers to the upfront payment made by the buyer towards the total purchase price of the property. In this article, we will explore the breakdown of the total downpayment for condo in Singapore. Downpayment for Condo: Total upfront cost when purchasing a house in...
Buying a condo in Singapore is a big investment and one of the biggest decisions you'll make in your lifetime. Whether you're a first-time buyer or a seasoned investor, it's essential to understand the cost and what it takes to afford a condo in Singapore. In this article, we'll explore the average cost of a condo in Singapore and the factors that influence the cost. Additionally, we'll give you a...
The launch of new condos in Singapore is a widely anticipated event in the real estate industry. With a growing population and a limited quantity of land, the demand for high-quality living spaces is always on the rise. From top-notch amenities and ideal locations to cutting-edge design and exclusive promotional pricing, new condo launches in Singapore offer a variety of options and are a popular choice...
Freehold condos near MRT stations in Singapore are a great investment for many reasons. They are located in prime areas, have easy access to public transportation, appreciate in value over time, and provide a steady stream of rental income. If you are looking for a property investment in Singapore, consider a freehold condo near an MRT station. Newport Residences is a new launch freehold condo near...
Buying your first home in Singapore can be daunting. The process is complicated and there are a lot of formalities you need to go through. However, it doesn’t have to be that way. If you plan your purchase carefully and know when to buy, you will end up with a great first home. Read on to know more about the mandatory age to buy condo in singapore, eligibility criteria, registration process, and other...